UPDATE ON TAX & FINANCE POLICY

Corporate Income Tax 2014: Expenses are paid by cash

According to regulation of Corporate Income Tax amended in 2013 and Decree 218/2013/N-CP, enterprises must pay by cash with the following expenses:

State Bank has issued circular 38/2013/TT-NHNN on Regulation of Translation of Accounting Records by foreign language when using to record accounting in Sate Bank and subordinate units.